All Forums  archive  Forum Questions  Hi,I am so stressed I cannot think straight

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Patricia.sp[/i] [br]Hi,I am so stressed I cannot think straight,my husband and I and son had a business after 16 years because of the recession had to put in the hands of receivers, Unfortunatley it has not stopped there,my husband managed to get a temporary contract employment,I work part time,but suffer with chronic health problems,so in and out of hospital all the time,we have so many debts including two properties abroad bought when our business was thriving,unfortunately one of these we have never paid the mortgage on as we purchased it off plan,and we were never allowed on to site till completed,the company we bought off went ponto,and we are now being chased for mortgage debts in excess of 240,000 pounds,,we also have another property in Spain with about 2 months in arrears,my husband had to do a DMP about eight months so when things got really bad,and to had insult to Injury my CCard had 15000 pounds owing on it,my bank has only just this week swopped that to A loan for me,as the interest was escalating,and then bang this letter arrived yesterday the Spanish bank have passed the debt overto an English debt agency and they want the full amount in 5 days or else £240,000,I did write to them at least 6 years ago explaining the situation and a English solictor can back me up on this,but they have chosen to ignore and put. MAsses of amounts of interest upon interest without telling us.We think we have no alternative But to go BR,but I am concerned about my son,his name is on the properties abroad,but they have not included is name on the paperwork sent,also he has just set up a sole trader business,and has an interest only mortgage,and is worried that if we go BR,it will affect him also.i really do not know what to do. Could you advise us please [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.